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marches30 %Bittensor shaken by Covenant AI departure and 30% token plungeConfirmed · 2 sources

Bittensor shaken by Covenant AI departure and 30% token plunge

Covenant AI, a leading Bittensor developer, exits the platform citing lack of true decentralization and excessive control over subnets.

Published 22sem2 sourcesConfirmedNotable
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Native token TAO drops 18% to 30% from weekly highs, confirming fractal patterns projecting…

The fact

Native token TAO drops 18% to 30% from weekly highs, confirming fractal patterns projecting deeper downside targets.

This crisis highlights internal tensions within the Bittensor ecosystem over governance and its decentralized model.

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Auto-synthesis from 2 media sources · identified on April 11, 2026
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